Please read this Terms of Use Agreement (the "Terms of Use") carefully. This website and its subdomains (collectively, the "Website"), the information on the Website, and the services and resources available or enabled via the Website (each a "Service" and collectively, the "Services"), are controlled by Open Core Ventures ("Open Core"). These Terms of Use along with all supplemental terms that may be presented to you for your review and acceptance (collectively, the "Agreement"), govern your access to and use of the Services. By browsing the Website, or otherwise accessing or using any of the Services, you represent that (1) you have read, understand, and agree to be bound by the Agreement, (2) you are of legal age to form a binding contract with Open Core, and (3) you have the authority to enter into the Agreement. The term "you" refers to the individual accessing or using the Services. If you do not agree to be bound by the Agreement, you may not access or use any of the Services.
Open Core is a venture capital firm that forms companies centered around open source software projects with commercial applications. Rather than founders pitching us for investments, Open Core identifies open source projects with traction and potential and seeks out builders and technologists to launch our ideas. Past performance of any Open Core founded or funded company is not indicative of future results. All funded companies are very long-term investments that involve substantial risk of loss, including loss of all capital invested.
Open Core does not provide personalized advice about investments. The contents and resources available on and through the Services should not be construed as or relied upon in any manner as investment or other advice. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The Services are for informational purposes only; offers to participate as a founder in a funded company are made separately and outside of the Services.
Please be aware that Section 11 (Dispute Resolution) of the Agreement below contains provisions governing how any disputes between us will be resolved. In particular, it contains an arbitration agreement which will, with limited exceptions, require disputes between us to be submitted to binding and final arbitration. Unless you opt out of the arbitration agreement: (1) you will only be permitted to pursue claims and seek relief against us on an individual basis, not as a plaintiff or class member in any class or representative action or proceeding; and (2) you are waiving your right to pursue claims and seek relief in a court of law and to have a jury trial.
Please note that the Agreement is subject to change by Open Core in its sole discretion at any time. When changes are made, Open Core will make a copy of the updated Agreement available at the Website and update the "Last Updated Date" at the top of these Terms of Use. If we make any material changes to the Agreement, we will provide notice of such material changes on the Website. Any changes to the Agreement will be effective immediately for new users of the Services and will be effective for existing users upon thirty (30) days after the "Last Updated Date" at the top of these Terms of Use. If you do not agree to the updated Agreement, you must stop using all Services upon the effective date of the updated Agreement. Otherwise, your continued use of any of the Services after the effective date of the updated Agreement constitutes your acceptance of the updated Agreement.
1. Use of the Services.
The Services, and the information and content available on them, are protected by applicable intellectual property laws. Unless subject to a separate license between you and Open Core, your right to use any and all Services is subject to the Agreement.
1.1 Certain Restrictions.
The rights granted to you in the Agreement are subject to the following restrictions: (a) you shall not license, sell, rent, lease, transfer, assign, reproduce, distribute, host or otherwise commercially exploit any of the Services; (b) you shall not frame or utilize framing techniques to enclose any trademark, logo, or other parts of the Services; (c) you shall not use any metatags or other "hidden text" using Open Core's name or trademarks; (d) you shall not modify, translate, adapt, merge, make derivative works of, disassemble, decompile, reverse compile or reverse engineer any part of the Services except to the extent the foregoing restrictions are expressly prohibited by applicable law; (e) you shall not use any manual or automated software, devices or other processes to "scrape" or download data from any web pages contained in the Services (except that we grant the operators of public search engines revocable permission to use spiders to copy materials from the Website for the sole purpose of creating publicly available searchable indices); (f) except as expressly stated herein, no part of the Services may be copied, reproduced, distributed, republished, downloaded, displayed, posted or transmitted in any form or by any means; and (h) you shall not remove or destroy any copyright notices or other proprietary markings contained on or in the Services. Any future release, update or other addition to the Services shall be subject to the Agreement. Open Core, its suppliers and service providers reserve all rights not granted in the Agreement.
1.2 Open Core Communications.
By entering into the Agreement or using the Services, you agree to receive communications from us, including via e-mail. Communications from us and our affiliated companies may include but are not limited to: operational communications concerning your use of the Services, updates concerning new and existing features on the Services, communications concerning promotions run by us or our third-party partners, and news concerning Open Core and industry developments. If you wish to opt out of promotional emails, you can unsubscribe from our promotional email list by following the unsubscribe options in the promotional email itself.
2. Responsibility for Content.
You acknowledge that all information, data, text, software, music, sound, photographs, graphics, video, messages, tags and other materials accessible through the Services (collectively, "Content") is the sole responsibility of the party from whom such Content originated. This means that you, and not Open Core, are entirely responsible for all Content that you upload, post, e-mail, transmit or otherwise make available through the Services ("Your Content").
3. Ownership.
3.1 Services.
Except with respect to Your Content, you agree that Open Core and its suppliers own all rights, title and interest in the Services (including but not limited to, any computer code, themes, objects, characters, character names, stories, dialogue, concepts, artwork, animations, sounds, musical compositions, audiovisual effects, methods of operation, moral rights, documentation, and Open Core software). You agree not to remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying any Services.
3.2 Trademarks.
Open Core's name and all related stylizations, graphics, logos, service marks and trade names used on or in connection with any Services are the trademarks of Open Core and may not be used without permission in connection with your, or any third-party, products or services. Third-party trademarks, service marks and trade names that may appear on or in the Services are the property of their respective owners.
3.3 Your Content.
Open Core does not claim ownership of Your Content. However, when you post or publish Your Content on or in any Services, you represent that you own or have all necessary rights to post or publish Your Content on or in the Services.
3.4 License to Your Content.
You grant Open Core a fully paid, royalty-free, worldwide, non-exclusive right (including any moral rights) and license to use Your Content (in whole or in part) for the purposes of operating and providing the Services to you. You agree that you, not Open Core, are responsible for all of Your Content.
3.5 Feedback.
You agree that submission of any ideas, suggestions, documents, and/or proposals to Open Core through its contact, suggestion, feedback, or similar pages ("Feedback") is at your own risk and that Open Core has no obligations (including without limitation obligations of confidentiality) with respect to such Feedback. You represent and warrant that you have all rights necessary to submit the Feedback. You hereby grant to Open Core a fully paid, royalty-free, perpetual, irrevocable, worldwide, and non-exclusive right and license to use, reproduce, perform, display, distribute, adapt, modify, re-format, create derivative works of, and otherwise commercially or non-commercially exploit in any manner, any and all Feedback, and to sublicense the foregoing rights.
4. User Conduct.
As a condition of use, you agree not to use any of the Services for any purpose that is prohibited by this Agreement or by applicable law. You shall not (and shall not permit any third party) either (a) take any action or (b) make available any Content on or through the Services that: (i) infringes, misappropriates or otherwise violates any intellectual property right, right of publicity, right of privacy or other right of any person or entity; (ii) is unlawful, threatening, abusive, harassing, defamatory, libelous, deceptive, fraudulent, invasive of another's privacy, tortious, obscene, offensive, or profane; (iii) constitutes unauthorized or unsolicited advertising, junk or bulk e-mail; (iv) involves commercial activities and/or sales without Open Core's prior written consent; (v) impersonates any person or entity; (vi) interferes with the proper functioning of the Services; or (vii) attempts to engage in any potentially harmful acts directed against the Services.
5. Indemnification.
You agree to indemnify and hold Open Core, its parents, subsidiaries, affiliates, officers, employees, agents, partners, suppliers, and licensors (each, an "Open Core Party"and collectively, the "Open Core Parties") harmless from any losses, costs, liabilities and expenses (including reasonable attorneys' fees) relating to or arising out of any and all of the following: (a) Your Content; (b) your use of any Service in violation of the Agreement; (c) your violation of any rights of another party; or (d) your violation of any applicable laws, rules or regulations. Open Core reserves the right, at its own cost, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you.
6. Disclaimer of Warranties and Conditions.
6.1 As Is.
You expressly understand and agree that to the extent permitted by applicable law, your use of the Services is at your sole risk, and the Services are provided on an "as is" and "as available" basis, with all faults. Open Core expressly disclaims all warranties, representations, and conditions of any kind, whether express or implied, including, but not limited to, the implied warranties or conditions of merchantability, fitness for a particular purpose and non-infringement arising from use of the Services.
6.2 No Liability for Conduct of Third Parties.
You acknowledge and agree that Open Core Parties are not liable, and you agree not to seek to hold Open Core Parties liable, for the conduct of third parties, including operators of external sites and other users of the Services, and that the risk of injury from such third parties rests entirely with you.
6.3 Third-Party Materials.
As a part of the Services, you may have access to materials that are hosted by another party. You agree that it is impossible for Open Core to monitor such materials and that you access these materials at your own risk.
7. Limitation of Liability.
7.1 Disclaimer of Certain Damages.
You understand and agree that, to the fullest extent provided by law, in no event shall Open Core Parties be liable for any loss of profits, revenue or data, indirect, incidental, special, or consequential damages, or damages or costs due to loss of production or use, business interruption, or procurement of substitute goods or services, in each case whether or not Open Core has been advised of the possibility of such damages, arising out of or in connection with the Agreement or any communications, interactions or meetings with other users of the Services, on any theory of liability. The foregoing limitation of liability shall not apply to liability of an Open Core Party for (i) death or personal injury caused by an Open Core Party's negligence; or for (ii) any injury caused by an Open Core Party's fraud or fraudulent misrepresentation.
7.2 Cap on Liability.
To the fullest extent provided by law, Open Core Parties will not be liable to you for more than the total amount paid to Open Core by you during the three (3)-month period prior to the act, omission or occurrence giving rise to such liability; or (c) the remedy or penalty imposed by the statute under which such claim arises. The foregoing cap on liability shall not apply to liability of an Open Core Party for death or personal injury caused by negligence, or for any injury caused by fraud or fraudulent misrepresentation.
7.3 Content.
Except for Open Core's obligations to protect your personal data as set forth in Open Core's Privacy Policy, Open Core assumes no responsibility for the timeliness, deletion, mis-delivery or failure to store any Content, user communications or personalization settings.
7.4 Exclusion of Damages.
Certain jurisdictions do not allow the exclusion or limitation of certain damages. If these laws apply to you, some or all of the above exclusions or limitations may not apply to you, and you might have additional rights.
7.5 Basis of the Bargain.
The limitations of damages set forth above are fundamental elements of the basis of the bargain between Open Core and you.
8. Monitoring and Enforcement.
Open Core reserves the right to take appropriate legal action, including without limitation, referral to law enforcement, for any illegal or unauthorized use of the Services and/or terminate or suspend your access to all or part of the Services for any or no reason, including without limitation, any violation of this Agreement.
If Open Core becomes aware of any possible violations by you of the Agreement, Open Core reserves the right to investigate such violations. If, as a result of the investigation, Open Core believes that criminal activity has occurred, Open Core reserves the right to refer the matter to, and to cooperate with, any and all applicable legal authorities.
9. Term and Termination.
9.1 Term.
The Agreement commences on the date when you accept them and remain in full force and effect while you use the Services, unless terminated earlier in accordance with the Agreement.
9.2 Prior Use.
You hereby acknowledge and agree that the Agreement commenced on the earlier to occur of (a) the date you first used the Services or (b) the date you accepted the Agreement, and will remain in full force and effect while you use any Services, unless earlier terminated in accordance with the Agreement.
9.3 Termination of Services by Open Core.
If you have materially breached any provision of the Agreement or if Open Core is required to do so by law, Open Core has the right to, immediately and without notice, suspend or terminate any Services provided to you.
9.4 Termination of Services by You.
You may terminate this Agreement at any time by ceasing your use of the Services.
9.5 Effect of Termination.
Termination of any Service includes removal of access to such Service and barring of further use of the Service. All provisions of the Agreement which by their nature should survive, shall survive termination of Services, including without limitation, ownership provisions, warranty disclaimers, and limitation of liability.
9.6 No Subsequent Access or Use.
If this Agreement is terminated by Open Core due to your violation of any portion of the Agreement or for conduct otherwise inappropriate, then you agree that you shall not attempt to access or use the Services again.
10. International Users.
The Services can be accessed from countries around the world and may contain references to Services and Content that are not available in your country. These references do not imply that Open Core intends to announce such Services or Content in your country. The Services are controlled and offered by Open Core from its facilities in the United States of America. Open Core makes no representations that the Services are appropriate or available for use in other locations. Those who access or use the Services from other countries do so at their own volition and are responsible for compliance with local law.
11. Dispute Resolution.
Please read the following arbitration agreement in this section ("Arbitration Agreement") carefully. It requires U.S. users to arbitrate disputes with Open Core and limits the manner in which you can seek relief from us.
11.1 Applicability of Arbitration Agreement.
You agree that any dispute, claim, or request for relief relating in any way to your access or use of the Services, to any products sold or distributed through the Services, or to any aspect of your relationship with Open Core, will be resolved by binding arbitration, rather than in court, except that (a) you may assert claims or seek relief in small claims court if your claims qualify, and (b) you or Open Core may seek equitable relief in court for infringement or other misuse of intellectual property rights.
11.2 Arbitration Rules and Forum.
The Federal Arbitration Act governs the interpretation and enforcement of this Arbitration Agreement. To begin an arbitration proceeding, you must send a letter requesting arbitration and describing your dispute or claim or request for relief to our registered agent Cogency Global Inc., 850 New Burton Road, Suite 201, Dover, Delaware 19904. The arbitration will be conducted by JAMS, an established alternative dispute resolution provider. Disputes involving claims, counterclaims, or requests for relief under $250,000, not inclusive of attorneys' fees and interest, shall be subject to JAMS's most current version of the Streamlined Arbitration Rules and procedures; all other disputes shall be subject to JAMS's Comprehensive Arbitration Rules and Procedures.
11.3 Authority of Arbitrator.
The arbitrator shall have exclusive authority to (a) determine the scope and enforceability of this Arbitration Agreement and (b) resolve any dispute related to the interpretation, applicability, enforceability or formation of this Arbitration Agreement. The award of the arbitrator is final and binding upon you and us.
11.4 Waiver of Jury Trial.
You and Open Core hereby waive any constitutional and statutory rights to sue in court and have a trial in front of a judge or a jury. You and Open Core are instead electing that all disputes, claims, or requests for relief shall be resolved by arbitration under this Arbitration Agreement.
11.5 Waiver of Class or Other Non-Individualized Relief.
All disputes, claims, and requests for relief within the scope of this Arbitration Agreement must be arbitrated on an individual basis and not on a class or collective basis. Only individual relief is available, and claims of more than one customer or user cannot be arbitrated or consolidated with those of any other customer or user.
11.6 30-Day Right to Opt Out.
You have the right to opt out of the provisions of this Arbitration Agreement by sending written notice of your decision to opt out to hello@opencoreventures.com, within thirty (30) days after first becoming subject to this Arbitration Agreement.
11.7 Severability.
Except as provided in Section 11.5, if any part or parts of this Arbitration Agreement are found under the law to be invalid or unenforceable, then such specific part or parts shall be of no force and effect and shall be severed and the remainder shall continue in full force and effect.
11.8 Survival of Agreement.
This Arbitration Agreement will survive the termination of your relationship with Open Core.
11.9 Modification.
Notwithstanding any provision in this Agreement to the contrary, we agree that if Open Core makes any future material change to this Arbitration Agreement, you may reject that change within thirty (30) days of such change becoming effective by writing Open Core at 548 Market St, PMB 64248, San Francisco, California 94104-5401.
12. Third-Party Services.
12.1 Third-Party Websites, Applications and Ads.
The Services may contain links to third-party websites, applications and advertisements for third parties. Such Third-Party Websites, Third-Party Applications and Third-Party Ads are not under the control of Open Core. Open Core provides these only as a convenience and does not review, approve, monitor, endorse, warrant, or make any representations with respect to them, or any product or service provided in connection therewith. You use all links in Third-Party Websites, Third-Party Applications and Third-Party Ads at your own risk.
13. General Provisions.
13.1 Governing Law.
Any dispute, claim or request for relief relating in any way to your use of the Services will be governed and interpreted by and under the laws of the State of California, consistent with the Federal Arbitration Act, without giving effect to any principles that provide for the application of the law of any other jurisdiction.
13.2 Exclusive Venue.
To the extent the parties are permitted under this Agreement to initiate litigation in a court, both you and Open Core agree that all claims and disputes arising out of or relating to the Agreement will be litigated exclusively in the state or federal courts located in the State of California.
13.3 Electronic Communications.
The communications between you and Open Core may take place via electronic means. For contractual purposes, you (a) consent to receive communications from Open Core in an electronic form; and (b) agree that all terms and conditions, agreements, notices, disclosures, and other communications that Open Core provides to you electronically satisfy any legal requirement that such communications would satisfy if it were to be in writing.
13.4 Assignment.
The Agreement, and your rights and obligations hereunder, may not be assigned, subcontracted, delegated or otherwise transferred by you without Open Core's prior written consent.
13.5 Force Majeure.
Open Core shall not be liable for any delay or failure to perform resulting from causes outside its reasonable control, including acts of God, pandemics, war, terrorism, riots, embargos, acts of civil or military authorities, fire, floods, accidents, strikes or shortages of transportation facilities, fuel, energy, labor or materials.
13.6 Questions, Complaints, Claims.
If you have any questions, complaints or claims with respect to the Services, please contact us at 548 Market St, PMB 64248, San Francisco, California 94104-5401 or hello@opencoreventures.com.
13.7 Choice of Language.
It is the express wish of the parties that the Agreement and all related documents have been drawn up in English.
13.8 Notice.
Where Open Core requires that you provide an e-mail address, you are responsible for providing Open Core with your most current e-mail address. You may give notice to Open Core at 548 Market St, PMB 64248, San Francisco, California 94104-5401.
13.9 Waiver.
Any waiver or failure to enforce any provision of the Agreement on one occasion will not be deemed a waiver of any other provision or of such provision on any other occasion.
13.10 Severability.
If any portion of the Agreement is held invalid or unenforceable, that portion shall be construed in a manner to reflect, as nearly as possible, the original intention of the parties, and the remaining portions shall remain in full force and effect.
13.11 Export Control.
You may not use, export, import, or transfer any Services except as authorized by U.S. law, the laws of the jurisdiction in which you obtained the Services, and any other applicable laws.
13.12 Consumer Complaints.
In accordance with California Civil Code §1789.3, you may report complaints to the Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs by contacting them in writing at 1625 North Market Blvd., Suite N 112, Sacramento, CA 95834, or by telephone at (800) 952-5210.
13.13 Entire Agreement.
The Agreement is the final, complete and exclusive agreement of the parties with respect to the subject matter hereof and supersedes and merges all prior discussions between the parties with respect to such subject matter.